Billionaire Profile
Bill Malhotra
Global Rank
#1620

Image: Public domain | via Wikimedia Commons

Bill Malhotra

CEO, Claridge Homes
CA
Real-Time Net Worth
$2.1B
As of December 2025
Age
76
Source
Real estate
Industry
real-estate
Citizenship
CA

Biography

Bill Malhotra is a prominent Canadian real estate developer, best known as the founder and CEO of Claridge Homes. Born in India, Malhotra immigrated to Canada at age 22 and built a real estate empire, with a net worth estimated at $2.1 billion as of December 2024. His career spans from working as a structural engineer to becoming a major figure in Ottawa's real estate landscape, having built over 14,000 properties. Beyond his business achievements, Malhotra is also involved in the Ottawa community, including ownership in the Ottawa Senators hockey team.

Wealth Over Time

In-Depth Profile

Early Life

Bill Malhotra's journey began in Delhi, India, where he completed his early education. He later pursued a degree in civil engineering at the Birla Institute of Technology and Science (BITS) Pilani, Rajasthan. At 22, he moved to Canada in 1971 with aspirations for a better future.

Rise to Success

Malhotra's career started in an engineering firm, before he became the Chief Structural Engineer for the city of Ottawa from 1977 to 1986. During this time, he gained deep insight into urban planning and housing needs. In 1986, he founded Claridge Homes, which has become one of Ottawa's largest and most influential real estate development firms. The company has built over 14,000 properties, including condos, houses, and retirement residences.

Key Business Strategies

Claridge Homes's success is marked by strategic land acquisitions, innovative designs, and a focus on high-quality living spaces. One of the company's most notable projects is the Claridge Icon, a 469-foot structure that is the tallest building in Ottawa. Malhotra's approach includes taking calculated risks and approaching every day with a strong work ethic.

Philanthropy

Malhotra is actively involved in community development, including his involvement with the Ottawa Senators hockey team. The Malhotra Family Foundation supports causes like food banks, health initiatives, and youth services.

Career Milestones

1971

Immigration to Canada

Moved to Canada from India at the age of 22.

1977-1986

Chief Structural Engineer

Served as the Chief Structural Engineer for the City of Ottawa.

1986

Founded Claridge Homes

Established Claridge Homes, a major real estate development firm in Ottawa.

Philanthropy & Social Impact

Charitable Giving

Malhotra Family Foundation

Undisclosed

Supports various charitable organizations through fundraising events.

Business Philosophy & Leadership

Notable Quotes

"“When you're a Malhotra, work is your middle name.”"

Leadership Principles

Hard Work

Emphasized by his brother as a core family value.

Vision

Recognizing opportunities in the real estate market.

Calculated Risk-Taking

Taking calculated risks in real estate ventures.